Thursday, July 12, 2012

Will the House Block the Farm Bill Pig-Out? | Tad DeHaven and Chris Edwards | Cato Institute: Commentary

Will the House Block the Farm Bill Pig-Out? | Tad DeHaven and Chris Edwards | Cato Institute: Commentary: "Supporters are calling it a "reform" bill because it would trim a measly two percent from projected spending over the period."

"most farm subsidies don't go to small family farms. The largest 10 percent of recipients receive more than two-thirds of all farm subsidies"

"For the passage of the last major Farm Bill in 2008, 100 House Republicans helped the Democrats override President Bush's veto of that spending monstrosity."

"New Zealand abolished virtually all of its farm subsidies, and after an adjustment period, farm productivity, profitability, and output from that country's agriculture industry rose substantially."